502 Park Avenue, #PH28, New York (Upper East Side), NY, 10022 | $43,000

Luxuriously appointed on Park Avenue between 59th and 60th Streets, Penthouse PH28 offers a one-of-a-kind opportunity to live above it all. This extraordinary penthouse in the sky redefines sophisticated living, elegance, and comfort. Comprising the entire floor, the home’s four bedrooms and five-and-a-half bathrooms are thoughtfully laid out amongst 4, 161 square feet and breathtaking 360-degree views. Upon entry via your private elevator landing, one is welcomed onto the elegant foyer which flows effortlessly into the expansive 50-foot living and dining areas, perfect for entertaining. Radiant southern, northern, eastern, and western light pours through the home, creating a warm sense of embrace. A chef's dream, the south-facing kitchen is equipped with top-tier appliances, custom cabinetry, and Carrera marble throughout. The kitchen also features a custom banquette, which serves as a centerpiece for gatherings. The spacious primary suite is nestled in its private quarters, framed by three exposures offering serene park and city views. The primary suite features two lavish en-suite bathrooms with Waterworks fixtures, a deep soaking tub, and a rainfall steam shower. An abundance of custom closets complete the space. Additional bedrooms enjoy bright light, generous closets, and en-suite bathrooms. Formerly the prestigious Hotel Delmonico, 502 Park Avenue offers the highest standard of luxury living in one of the most recognized buildings on Park Avenue. Unparalleled amenities include a 24-hour doorman, concierge, and a state-of-the-art fitness center. Residents also may enjoy housekeeping and daily laundry services. 502 Park Avenue is moments away from Central Park and the Upper East Side’s finest shopping, restaurants, and landmarks. Sorry, pets are not permitted.

Features

  • Type: Condo
  • Town: New York
  • Amenities: Garage; Health Club; Hotel Style Service; Laundry Room; Maid Service; Valet;
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 5 full / 1 half
  • Laundry: InUnit,OnCommonFloor
  • Year Built: 1929
  • Garage: Yes
  • Cooling: Unknown Type
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • Doorman: FullTime
  • Lease Type: Non-Stanbilized Lease
  • OLR#: PRCH35208756
  • Days on Market: 76 days
  • Website: https://www.raveis.com
    /prop/PRCH35208756/502parkavenue_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of CORE Group Marketing, LLC

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

502 Park Avenue, #PH28, New York (Upper East Side), NY, 10022

$43,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $34,400 $34,400 $34,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $229 $229 $295
Total Monthly Payment $304 $304 $370

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.